Contract

Assignment of Contract of Purchase and Sale

by Host Funding Inc -Cl A
September 30th, 1996

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                                                                   EXHIBIT 10.10




                  ASSIGNMENT OF CONTRACT OF PURCHASE AND SALE


THE STATE OF MISSISSIPPI          )
                                  )        KNOW ALL MEN BY THESE PRESENTS
COUNTY OF JACKSON                 )

         THIS ASSIGNMENT OF CONTRACT OF PURCHASE AND SALE ("Assignment"), is
entered and executed by and between HOST FUNDING, INC., a Maryland corporation
("Assignor"), and CROSSHOST, INC., a Maryland corporation ("Assignee").

                              W I T N E S S E T H:

         Assignor has heretofore entered into that certain Contract of Purchase
and Sale  (as same may have been from time to time amended, the "Contract"),
dated effective as of May 24, 1996, between Assignor, as purchaser, and Ocean
Springs Hotel Company, a Mississippi corporation, as seller, covering property
situated in Jackson County, Mississippi, and more particularly described in the
Contract.

         Assignee desires to purchase from Assignor, and Assignor desires to
sell and assign to Assignee, the Contract.

         NOW, THEREFORE, for and in consideration of the premises and the
agreements and covenants herein set forth, together with the sum of Ten and
No/100 Dollars ($10.00) and other good and valuable consideration this day paid
and delivered by Assignee to Assignor, the receipt and sufficiency of all of
which by Assignor are hereby confessed and acknowledged, Assignor does hereby
ASSIGN, TRANSFER, SET OVER and DELIVER unto Assignee all of Assignor's right,
title and interest in and to the Contract, and all of the rights benefits and
privileges of the purchaser thereunder, but subject to all terms, conditions,
reservations and limitations set forth in the Contract.

         TO HAVE AND TO HOLD all and singular the Contract unto Assignee, its
successors and assigns, and Assignor does hereby bind itself and its successors
and assigns, to WARRANT and FOREVER DEFEND all and singular the Contract unto
Assignee, its successors and assigns, against every person whomsoever lawfully
claiming or attempting to claim same, or any part thereof, by, through or under
Assignor, but not otherwise.

         It is specifically agreed that Assignor shall not be responsible to
the seller under the Contract for the discharge and performance of any and all
duties and obligations to be performed and/or discharged by the purchaser
thereunder after the date hereof.  By accepting this Assignment and by its
execution hereof, Assignee covenants and agrees to indemnify, save and hold
harmless Assignor from and against any and all loss, liability, claims or
causes of action existing in favor of or asserted by the seller under the
Contract arising out of or relating to Assignee's failure to perform any of the
obligations of the purchaser under the Contract after the date hereof.
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         Assignor covenants and warrants to Assignee that: (a) Assignor is the
lawful owner and holder of all of the right, title and interest of the
purchaser in and to the Contract; (b) such right, title and interest is free
from all liens, security interest, and other encumbrances of all kinds; (c) the
Contract is in full force and effect and to the best of Assignor's actual
knowledge, no default (nor any event which with notice or lapse of time or both
could cause a default) has occurred under the Contract; and (d) Assignor
warrants such rights, title, and interests in and to the Contract to Assignee
against all adverse claims.

         All of the covenants, terms and conditions set forth herein shall be
binding upon and shall inure to the benefit of the parties hereto and their
respective heirs, legal representatives, successors and assigns.

         IN WITNESS WHEREOF, Assignee and Assignor have executed this
Assignment effective as of the 13 day of September, 1996.



                                    ASSIGNOR:
                                    -------- 
                                    
                                    HOST FUNDING, INC.,
                                    a Maryland corporation
                                    
                                    By:       /s/ MICHAEL S. MCNULTY
                                       ------------------------------------
                                             Michael S. McNulty, President
                                    
                                    ASSIGNEE:
                                    -------- 
                                    
                                    CROSSHOST, INC.,  
                                    a Maryland corporation
                                    
                                    
                                             By:   /s/ MICHAEL S. MCNULTY
                                                -------------------------------
                                                 Michael S. McNulty, President
                                    
                                    
                                    
                                    

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APPROVED AND CONSENTED TO
this 13 day of September, 1996.


OCEAN SPRINGS HOTEL COMPANY,
a Mississippi corporation



By:    /s/ CHARLES BLAND
   --------------------------------------

Name:   CHARLES BLAND
     ------------------------------------

Title:  PRESIDENT
      -----------------------------------





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